California’s Climate Accountability Package (Senate Bills 253 & 261) gives companies a clear, shared playbook for climate reporting. Beginning with fiscal-year 2025 data, firms that do business in the state must report their greenhouse gas (GHG) emissions (SB 253) and provide a concise, business-focused discussion of how climate could affect their finances (SB 261) using the four sections of the Task […]
California’s climate disclosure rules—now consolidated under SB 219 (formerly SB 253 and SB 261)—require companies doing business in the state to disclose their greenhouse gas emissions and climate-related financial risks starting in 2026. The clock is ticking for ~10,000 companies with over $500 million in revenue doing business in California. Starting in 2026, they’ll be […]
2023 was the hottest year on record; it was also the year when the US had the most $ 1 billion-plus climate-related natural disasters. As climate risks accumulate, companies need to be prepared to identify, manage, and mitigate these risks to avoid financial exposure. It isn’t just the physical risks that companies have to worry […]
California has long led the way on U.S. environmental policy. In September 2023, it became the first state to pass comprehensive climate disclosure legislation through the California Climate Accountability Package, requiring companies doing business in the state—regardless of their headquarters—to report on emissions, climate risks, and carbon offsets. The package originally included three bills: These were signed into law in October […]